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Global Underwater Drones Market To Be Driven By Rising Use For Observation, Data Collection, And Intelligence In The Forecast Period Of 2020-2025

Global Underwater Drones Market To Be Driven By Rising Use For Observation, Data Collection, And Intelligence In The Forecast Period Of 2020-2025
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Spare Parts Manufacturing Industry Global Production,Growth,Share,Demand And Applications Forecast To 2025

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Aircraft MRO Market To Witness CAGR Exceeding 4.7% By 2025 Owing To Rising Number Of Aircraft OEMs In Maintenance & Repair Sector

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FELTON, Calif., Jan. 19, 2021 /PRNewswire/ The global aircraft MRO market is estimated to attain USD 104.46 billion, by the end of 2025, and is anticipated to grow at a CAGR of 4.7% from 2019 to 2025, according to a new report by Million Insights. The increasing number of aircraft OEMs in the maintenance and repair sector is expected to boost the market growth.
According to the air transport association, MRO services constitute around15.0% of the overall airline operating costs. Moreover, the growing investment by the MRO providers and OEMs on technology is helping to improve the efficiency. The profitability of the industry is dependent on old planes maintenance, which is primarily supporting the MRO service market. ....

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